Small Business Lenders in Northville, Michigan

Raising money in Northville, Michigan? If so, you'll want to talk to some of these small business lenders in Northville.

If you are hoping to get a small business loan and your business is based in Northville, Michigan, we've assembled a list of local small business banks that you should contact.

Local Northville Lenders

To help you learn more about local small business lenders, here's our list of small business banks in Northville.

Small Business Bank	Recent SBA Loans
Bank One - Banking Centers- Northville- Seven Mile Rd-Northville Road Of
Charter One Bank - In-Store Kroger- Novi
Charter One Bank - New Deposit Accounts- Branch Locations- Novi
Community Federal Credit Union - Northville Office
Fifth Third Bank - Branches
Main Street Bank	2

Business Loan Providers for Northville Businesses

This is a list of banks outside of Northville, Michigan that have provided SBA loans to Northville businesses. Some of these may be national banks with local branch locations.

Small Business Bank	Recent SBA Loans
Ann Arbor Commerce Bank Ann Arbor, MI	1
Business Loan Center, LLC New York, NY	1
Capital One Mclean, VA	6
Cit Small Business Lending Corp Livingston, NJ	1
Citizens Bank Lansing, MI	5
Comerica Bank Dallas, TX	2
Fidelity Bank Ann Arbor, MI	1
Fifth Third Bank Grand Rapids, MI	1
First Place Bank Southfield, MI	1
First Place Bank Warren, OH	1
Jpmorgan Chase Bank Chicago, IL	2
Jpmorgan Chase Bank Columbus, OH	1
Jpmorgan Chase Bank Houston, TX	5
Keybank National Association Cleveland, OH	1
Lasalle Bank Midwest Lansing, MI	1
National City Bank Bannockburn, IL	8
National City Bank Cleveland, OH	2
National City Bank Indianapolis, IN	1
Newtek Small Business Finance Inc. New York, NY	1
Rbs Citizens Providence, RI	11
The Huntington National Bank Columbus, OH	1
University Bank Ann Arbor, MI	1

Business Loan Advice for Northville Businesses

As a prerequisite to meeting with banks for a loan, you will need to develop the specifics of your loan request.

You need to be able to clearly explain your business, explain how much you want to borrow, describe what the money will finance, and show how you plan to pay the loan back to the bank.

Being able to present a well-written business plan is an important prerequisite. If the money is to for an existing business, you should also have financial statements covering the last three years. Bankers will also want to know what collateral you have available to guarantee the loan. Collateral is relevant because banks always want to be prepared for a worst-case scenario in which cash flow from the business does not meet your projections.

If the business has few assets, the bank may ask you to to to guarantee the loan with your personal assets, such as your individual retirement account or pension plan. The banks will check on your personal credit history in any case, so hopefully you have good credit history -- you may want to get a copy of your credit history prior to meeting with the banker.

Many of the banks in our list participate in the financial assistance programs available through the SBA. Before you sit down to talk with a small business banker, you may want to do your homework on SBA loans programs to see if you qualify. SBA 7(a) loans, SBA 504 loans and SBA disaster assistance loans may be available to you.

Gaebler.com Advice on Raising Money

Our Gaebler.com site is all about supporting entrepreneurs, and we have a lot of resources related to to Raising Money. For example, we recommend you read Investor Turnoffs.

More Business Loan Info for Michigan
Get a Business Loan in Niles
Get a Business Loan in Novi

Browse All Business Loan Sources for Michigan